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quorum call: s the presiding officer: the majority leader. mr. reid: i ask unanimous consent that the following amendments be -- we're in a quorum call. are we? the presiding officer: we're not in a quorum call here. mr. reid: miracles never cease. the presiding officer: there you are. mr. reid: i ask unanimous consent that the following amendments be withdrawn: 3396 and 3398. the presiding officer: without objection. mr. reid: i ask unanimous consent that the senate proceed to a period of morning business with senators allowed to speak up to ten minutes each. the presiding officer: without objection. mr. reid: i've one unanimous consent request for a committee to meet during today's session. it's been approved by senator mcconnell and me. i ask unanimous consent that this request be agreed to and this request be printed in the record. the presiding officer: without objection. mr. reid: i ask unanimous consent that with respect to the consideration of the fisa bill, the text for each of the amendments in order under the previous agreement is at the desk. the presiding officer
speakership than keeping the nation on footing. >> john boehner's office fired back -- senator reid should talk less and legislate more. the house has already passed legislation to avoid the entire fiscal cliff. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's
, and for our entire economy. but the hour for immediate action is here. it is now. >> senate leaders harry reid and mitch mcconnell were back at the capitol in no time. mcconnell gathered his members to inform them of the work that needs to be done. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward, as early as sunday, and have a recommendation, that i can make to my conference and the majority leader can make to his conference, so we'll be working hard to try to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> i'm going to do everything that i can. i'm confident senator mcconnell will do the same. but everybody, this is -- whatever we come up with is going to be imperfect and some people aren't going to like it. some people will like it less, but that's where we are. and i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. and we're going to do the best we can for the caucuses that w
're no longer talking about some people getting a tax increase. harry reid and john boehner for instance said -- the speaker saying the senate should take it up. harry reid is speaking on the floor. let's take a listen. >> because americans' taxes are approaching the wrong direction come the first of this year, americans will have less income than they have today. if we go over the cliff, the house of representatives, as we speak, with four days left after today before the first of the year aren't here with the speaker having told them they'll give them 48 hours notice. i can't imagine their consciences where they are around the country and we're here trying to get something done. they are not in washington, d.c. the house of representatives are not here. they couldn't even get the leadership together yesterday. they had to do it with a teleconference. republican leadership. if we go over the cliff, we'll be left with the knowledge that could have been about a single vote. mr. speaker, prior to this session starting today, the presiding officer and i had a conversation about how things have c
staffers with majority leader reid and minority leader mcconnell are trying to conjure up some last-minute deal and this plan would not be the grand bargain that john boehner started initially working on. that plan would have dealt with tax reform and deficit reduction and this will be a much more scaled back version that will deal with the issue of taxes and that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to increase on those making $250,000 or less. republicans have said that's way too low. so they're thinking about potentially compromising on a rate that would be $400,000 or $500,000, but some republicans are saying they don't think that the tax rate should go up on anyone. so taxes still the major sticking point. right now the negotiations are going on the hill and there's a lot of optimism that came from the talks yesterday. of course, president obama hosted congressional leaders at the white house and they left that meeting and many said that it was constructive and they were optimistic that a deal could get done
probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come back to town on the 27th. that is thursday. and at this point there are a number of options for some sort of bill that senate majority leader harry reid could put on the floor, but right now it appears democrats in the white house are pushing for something that still concentrates on making sure that income tax rates for those making a quarter million dollars or less don't go up. that said, it's really hard to see how at that rate senator mcconnell might allow some republican senators to support it or that some republican senators would even want to jump on board with that and even harder to see how a bill like that is something that house speaker john boehner would allow to the floor -- allow to the house floor for a vote. so things are very uncertainty point and you're hearing a lot of pessimism as we just heard from democrats and republicans about what will happen with the fiscal cliff and whether we'll go o
it does, the senate majority leader harry reid is expected to weigh in, in just about ten minutes on the looming fiscal cliff. reid and his fellow senators are under intense scrutiny after john boehner said the democratic controlled senate must act first on proposals already passed by his chamber. we will bring you reid's remarks as they happen. >>> as the clock ticks down toward the fiscal cliff, washington has a new worry the debt ceiling, treasury secretary tim geithner says the united states will hit its legal borrowing limit on monday. alison kosik is in new york. i feel like it's groundhog day. >> i know it really is. what's old is new again, right, carol? let me kind of back up the bus here. we start talking about the debt ceiling and i know people's eyes glaze over. let me tell you exactly what the debt ceiling is. it's a cap set by congress of the amount of money the federal government can borrow. right now the ceiling is at $16.394 trillion and treasury secretary tim geithner said earlier this week we could hit that debt ceiling on monday, on new year's eve and the treas
is spiking-- gun sales. chip reid has a look. >> at gun shows across the nation this past weekend, people stood in line hoping to get eheir hands on an a.r.-15, the military style rifle used in the newtown, connecticut, school shooting. there's been a run on a.r.-15s at gun stores, too. rick friedman owns r.t.s.p. in randolph, new jersey. >> i normally sell about 15 or 20 a month. i've sold 30 in the last three days. >> reporter: the reason he says is clear. >> because people want to make sure they can own them legally hefore they have that "right" ntken away. >> reporter: the white house said after the newtown shooting atic president obama supports a ban on assault weapons proposed by california democratic senator dianne feinstein. getting it through congress quickly is highly unlikely, but the mere mention of a ban is enough to send sales soaring. and it's not just guns. brownell's, the world's largest firearm supplier, said it morently sold more than three- and-a-half years worth of a.r.- ag magazines in three days. even before newtown, sales of guns and ammunition this year were surgi
in spending cuts, this discussion about tax increases is just foley. it is absolutely ridiculous. harry reid said that the boehner mr. was dead on arrival. it wasn't going to pass the senate anyway. so, boehner didn't get the support of his members, enough at least and it would have been a vote for not because the senator would have said thanks, no thanks. we are going to have the leverage and we will shove whatever you want down your throats whether you like it or not. the whole situation was kind of ridiculous in the beginning. >> instead of plan b it was sort of plan b.s. it was dead on arrival. it wasn't a bold plan. you need to from o'reilly factor bold plan with fresh faces. personally do i think we need to look at new leadership. john boehner has done a fine job but we have to do some changes. we have to have changes. we have omake new face and we have to have different language. let's face it the last four years the team has been playing together. the folks have not been able to get along. nothing is happening in washington, d.c. it's gridlock. so we have got to change something. we
we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation of more economic growth and deficit reduction. guys, i can hear you over here. i believe such proposal could pass both houses with bipartisan majorities, as long as those leaders allow it to actually come to a vote. if members of the house or the senate want to vote no, they can. but we should let everybody vote. that is the way this is supposed to work. if can you get a majority in the house, then can you get a majority in the senate, then we should be able to pass a bill. so the american people are watching what we do here. obviously their patience is alrea
of reid and pelosi. nbc news has learned that a previous offered made by the president, the one that involved a tax increase for only those earning more than $400 is off the table. advisers say that was part of a bigger proposal that speaker boehner did not accept. it looks like the current proposal goes back to raising taxes on those who make more than $250,000. the proposal known as plan b didn't work. it will remain to be seen if the smaller plan will. either way the countdown to the if you year could be very costly. >> i'm hopeful that a deal will avoid the worst parts of a fiscal live cliff. >> the tax increases need to be averted, avoided. they can be. i think in the end we'll get a deal. the question is the timing of that. >> according to administration officials, senior white house staff will hold a conference call with some of the country's top business leaders within the half hour to brief them on negotiations. we're told the president will not be on that call. live in the newsroom, keith russell, news4. >>> stay with us. coming up at 50:30, we'll break down the immedi
of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house sp
anybody is actually doing anything right now. gregg: what about harry reid? what's his, does he have anything at all maybe towards the end of the week he will put on the table? i've been hearing he will put to a vote an extension of the bush tax cuts for anybody making under $250,000 a year, extend unemployment benefits for some 2 million people that are about to lose them. what are you hearing? >> right. he sounded pretty pessimistic this morning but that could change and there's, kind of a fight, procedurally between the house and the senate in a sense that if reid originates a bill in the senate that would do what you said, people in the house say, well that would be unacceptable because the constitution requires revenue bills to originate in the house. but there is this bill that the house did pass a while back extending tax cuts for everybody. the senate could actually amend that bill. it originated in the house and then send it back and actually get somewhere. you have to remember that john boehner actually gave in on the principle of raising tax rates for the highest earners.
're shifting negotiation tactics now to a group of two. two senators, mitch mcconnell and harry reid, the two party leaders in the senate, are going to be trying to find a way to get a deal today. we know their staff is talking. we don't expect actually any necessary meetings between those two leaders right away today. we think that their chiefs of staff are going to be on the phone, via e-mail. this reported from our producer, ted barrett. perhaps tonight they'll see if the leaders can sit down and get together something to present to their various caucuses. now as i said, it was silent until yesterday. then we heard many people speaking. again, we heard from president obama this morning talking about how important it is to try and get a deal done this week. >> you meet your deadlines, your responsibilities every single day. the folks you sent here to serve should do the same. we cannot let washington politics get in the way of america's progress. we've got to do what it takes to protect the middle class, grow this economy, and move our country forward. >> that was the president's weekly add
reid today, but still there is no deal. the president took to the podium late this afternoon to explain the next step. >> in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> you know, president obama today could have come out, and he could have just punched boehner right in the nose. he could have come out and kicked the guy today when he was politically down. but the president came out today with a demeanor of, hey, let's do a deal. it was a rough night at the office, but let's not give up on this. president obama has gone back to the basics. the days of the grand bargain he knows are over. but the president wants an extension on tax cuts for income below $250,000, as well as extended unemployment benefits. what's wrong with that? spending cuts can be dealt with later on in the future. and, of course, as luck would
the focus shifts to the senate. senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new year's was 1996. that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we do expect that he will cut his vacation short. you've heard the president hi
met with harry reid at the white house and spoke with house speaker john boehner. mr. obama said lawmakers need a break from fiscal cliff frustration-- much of it self- induced. >> we move forward together or we don't move forward at all so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. >> reporter: the president will follow his own advice. lawmakers and return to washington if there is a deal. >> pelley: major, thank you. as you know, this debate is all about bringing the federal budget under control. if the white house and congress can't figure it out, big across- the-board budget cuts and those tax increases we mentioned kick in automatically january 1. the so-called fiscal cliff. the republican speaker of the house tried to force through his solution last night but he couldn't keep his own party in line. nancy cordes is at the capitol. nancy? >> reporter: scott, this was an unforced error. speaker boehner did not have to bring this plan "b" bill up but he was simply trying to get more leverage in negotiati
leader harry reid and the rest of the senate to find a passable solution. aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate some big spending cuts and restore unemployment benefits. >> i think you're likely to see a two-step process here, one sort of dealing with the immediate dynamics so that you could in fact set up a situation where you could deal with the larger situation. >> reporter: without a deal, bush-era tax cuts will expire january 1st and deep spending cuts will set in. congress set up the deadline, hoping it would force a compromise. so far, that's backfired. also flying back on air force one is lieutenant governor brian schatz and will likely be sworn in later today. just before taking off, he tweeted that he's looking forward to supporting the president's agenda. reporting live in washington, i'm dan yeielle leigh. mara, back to you. >> thank you. >>> tim geithner is adding to the pressure to get the office calf cliff deal done. in an open letter wednesday, he warned the federal government may not be able to pay its bills on
to president obama and harry reid to come one their plan and send us something and then we'll work on it. host: why did the plan b fail guest: in short because it involved tax rate increases and in effect would have led to tax rate increases. boehner args the vote itself was to extend tax cuts that there's nothing in the bill, nobody was actually voting for tax rate increases but the effect is it would have been a tax rate increase and enough conservative republicans in the house said i made a pledge not to raise taxes and this is a tax increase because by not doing anything the voters will see the tax increase so enough to have them said we won't go with you that he knew he simply wouldn't have support. it was dozens and so he was not going to get any democratic support for it, so he had toful bill. -- so he had to pull the bill. host: and talk about arm-twisting. is it these people came to him and said there's no way we're going to vote for it or did he do a head count and just say, i won't have enough votes to pass my bill? guest: a little bit of both. i was outside while they were huddling
and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it to the house floor for a vote before new year's eve and house minority leader nancy pelosi
much all this would cost going into senator reid's office and then that payment heading over to the republican side. manila envelopes changing hands. so all that is a good sign that there are discussions and progress being made, at least they are talking, don. things could be worse. >> okay. so this may be a little bit redid you know danlt, but i want you to go in specifically for me. president obama says he wants another plan put to a vote if the senate fails to come up with a plan. so what is the president's plan, and will republican leaders let that happen? >> well, okay. so senate majority leader harry reid, a democrat, has crafted an alternative proposal that he has -- saying he will put -- if the negotiations i just described fail and if the senators cannot come to a bipartisan agreement, then the democratic leader is going to put on the floor a democratic proposal that would extend tax rates for households that make $250,000 and less. hatch the alternative minimum tax and extend unemployment insurance. so that's a democratic proposal. the problem with that is, you can
and will not be done with a partisan vote. >> holman: senate majority leader harry reid agreed with that assessment, but he suggested there's a way to recover. >> now, i like john boehner, but gee whiz, this is pretty big political battering he's taken. what he should do is allow a vote in the house of representatives on a bipartisan bill. it will pass. >> holman: the president met this afternoon with reid and spoke with boehner, then came to the white house briefing room. >> in the next few days work towards a package that avoids tax hike on mid class, >> and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> bayne never >> holman: in his appearance earlier, boehner, flanked by majority leader eric cantor, sounded doubtful, but said he's willing to try. >> how we get there, god only knows. all i'm telling you is that eric and i, and our team here are committed to working with our colleagues on both sides of the aisle, both sides of the capitol, and the white house to address that. >> holman: still, as the capitol
, divisional game, nfc east, going up to philly, and it could be andy reid's last game. so you never know what's going to happen. one side of the stadium's going to be screaming get andy out, and they may be running on the field carrying him out by half time. >> i got a weird feeling, because it feels like an ambush. because it is andy reid's last game for all intents and purposes in philly. shawn mccoy is coming back to play after being out with a concussion. since the red skin game, why would he even be playing today? i don't get it. seems like they are doing the old last hurrah for andy reid. >> but nick foles is the quarterback. i watched this guy play. you talk about somebody who doesn't need to be in the nfl. terrible. >> i agree. >> i agree. >> not very good, just hope he doesn't get good against this redskins team. >> if he does, bigger issue. >> we talked about the browns last week. what's amazing to me is this team has reeled off five wins in a row. we talk about this every week, very surprised by this. is this something you can see continuing to win six, seven in a row and be that h
in perhaps andy reid's last home game. >> redskins and the eagles. you could tell the eagles really wanted to win this for andy reid. they were able to get out in front early. rg-3 obviously in the conversation for offensive rookie of the year. able to get the redskins out front 27-13. but the eagles, they come from behind, get it to 27-20. and closing seconds, coming down to the final seconds. nick foles with an opportunity on a second and goal, trying to get his team in the end zone, can't do so. redskins win it 27-20. it looks like they're going to be your nfc champ. >> and andy reid in philly, he had some good years in there. the next part of our conversation is dedicated to willis. he had to endure a very rough day today. let's talk about that giants game against baltimore. >> the giants have been awful the last few weeks, not playing well, not getting things going on the defensive end. today, the ravens picked on cory webster all day in that giants' second dare. flacco played great on this day. baltimore going back to the postseason, division champs. w the goal again, can they get in
reid blasted speaker boehner for letting lawmakers go on vacation. house makers are not due back until sun -- house lawmakers are not due back until sunday. boehner said the house will take action on whatever the senate can pass. >>> all the early season rain and snow we've been getting has water experts optimistic about california's water supply. the storms have replenished many reservoirs snow has increased snow back to nearly 150% of normal. >> partial supply in the barn either in reservoir storm or snow pack. however, it still depends on the remainder of the season 2/3 of the wet season is still let. >> snow pack runoff normally provides cal with a third of its water supply. >>> more -- more water on the way. >> this storm is so close to the coast it probably won't get snow in the sierra. good morning. because the storm is so close to the coast we have a high surf advisory be detail out there, dangerous rip currents as the storm passes today through tomorrow. beautiful picture from mount tamalpais this morning on san francisco you can see the embarcadero center still illuminateed.
pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. >>> general schwarzkopf is being remembered this morning as a great hero and tactician. as teresa garcia the general died yesterday at his home in tampa from
reid who is one of the true champions of the religious right. he said we have to do a better job of not looking like your daddy's religious right. he admitd it was a wake-up call for them. not so much changing their positions. i think he was recognizing how they come across. the people that they appeal to hasn't been as successful as it was in the past because of the changes in our country. >> given the way these candidates talk, particularly about rape, i don't think that's fair to your daddy to put him that way. there was really some extreme rhetoric that i think very much hurt this movement. i also think there was a kind of change here. my friends at the public religion institute did a study noting only 35% of barack obama's vote came from white christians of various kinds. he put together, that's important that he still needed that 35% to win the election. the catholic vote was very important in states like ohio. on the other hand this was the first presidential campaign where you really saw a candidate aggressively using a pro-choice position to win votes. usually democrats
. >> i just speak to speaker boehner, and i also met with senator reid. in the next few days a asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> yesterday the house speaker john boehner failed to garner enough support from his own party to even hold a vote on his plan to raise taxes for those with an income over $1 million. >> while we may have not been able to get the votes last night, to avert 99.81% of the tax increases, i don't think they weren't taking that out on me. they were dealing with the perception that somebody might accuse them of raising taxes. >> "outfront" tonight, chief white house correspondent jessica yellin and dana bash. ladies, nice to see both of you. jessica, we'll start with you. the president's message was short and sweet and kind of basic. what do you think is different this time around in what he is saying? >>
inouye's funeral yesterday, along with other washington insiders, including his friend senator harry reid. he represented hawaii in congress ever since it became a state in 1959 and was the second-longest serving senator in u-s history. inouye received the medal of honor for his heroism during world war two. inouye died a week ago at accepts total responsibility senator michael crapo was arrested in virginia shortly after midnight, saturday night. alexandria police say the idaho republican ran a red light, then failed several field sobriety tests. police say crapo's blood alcohol level was point-one- one ; the legal limit for drivers in virginia is point-oh-eight. in a statement released by his office, crapo said he was -- quote -- "deeply sorry for the actions that resulted in this limit in virginia. the deputy police chief says an investigation is underway to determine whether the killing was intentional or accidental. it was not known whether the victim was a military orthe nato military command says it's looking into the bay area's favorite way the biggest parties and heenan and gary
be hammered out in the senate with harry reid and mish mcconnell. here's mcconned yesterday and what he said. >> last night i told the president we would be happy to look at bhafr he proposes, but we're coming up against a hard deadline, and as i said, this is a conversation we should have had months ago. republicans aren't about to write a blank check for nick that senate democrats put forward just because we find ourselves at the edge of the cliff. >> perry, what are you hearing on details? the hill suggesting that the estate tax could be a key part of a potential deal? what could be part of this final smaller deal. >> my idea is probably some extension of unemployment insurance, the middle-class tax cuts, maybe the estate tax, maybe not. the important though, i think, is mcconnell and the senate is important, but ultimately john boehner has said he wants the majority of republican members of the house to vote for whatever deal happens. that's a key factor. they have to agree to something that president obama also agrees to. that's a big gap. basically he's -- i don't know that there's 120
from its christmas vacation to work on a deal today. sources tell us majority leader harry reid will be pushing a scaled back version of the fiscal cliff package that president obama laid out last week. it moved the tax hike needle to $400,000 per household. no word yet on when the house might come back with time ticking away. democrats are hoping that a scaled back plan could get through the house, senate and white house before that big ball drops on 2013. that would be sometime on december 30th or even on new years eve. we want to bring in jonathan allen. he's a senior national correspondent for politico. the top headline on politico is fiscal cliff deal increasingly unlikely. i think a lot of people are feeling that pessimism right now. what are you hearing? >> well, i think what you've got here, alena, is a nash equilibrium to borrow from economic theory and game theory. each of the players believe they are pursuing their optimal strategies given the strategies of the other players and there's no reason to change it. i think as observers of this, the american public, you can
. >> clayton: they all said the same thing. presidential meeting with the leaders yesterday. harry reid. >> juliet: vice president showed up. >> clayton: they must have been all on the same table hey whether we lee this table we will say modestly optimistic. listen to senator mitch mcconnell who may be the linchpin of this whole thing. he said i will take the ball and run with it in the senate. get a deal done. listen to the senator. >> we had a good meeting at the white house. we are engaged in discussions the majority leader and myself and the white house in the hopes that we can come forward sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. we will be working hard to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> charles krauthammer calling him a master negotiator. saying if it were left up to him he could solve the syrian civil war in a weekend. >> dave: he can get it done but there is still john boehner and the house republicans. i'm not modestly optimistic. anything through the hou
holiday with his family. he will join a congressional delegation later today led by harry reid in services in holland -- in honolulu for late senator daniel inouye passed away last week that congress will return monday to continue fiscal negotiations. we will look at the options ahead for the president as the january deadline looms but we want to begin with your comments on another debate front and center in washington following the tragic shooting in newtown, conn. -- that is gun-control. "the washington post" said a bitter fight ahead. the numbers are on your screen. we look at some of the headlines on the sunday morning beginning with "the connecticut post." - you can see the flag remaining at half staff outside one of the churches in newtown, conn. following the burial of 20 children and six women killed about a week and a half ago. this is from the front page of today's "new york daily news." finally, from the front page is this report about what is ahead in terms of the gun control fight. we heard from the nra friday. let me read you a few sentences -- that was nearly 20 years ago in
on a deal. now, sources tell us majority leader harry reid will push a scaled-back version of the fiscal cliff package that president obama laid out on friday, which moved the tax hike needle to $400,000. no word yet on when the house of representatives might come back, but democrats say the only hope we have of something getting through the house, the senate and the white house may be a very last-minute deal. cnn radio's lisa is following developments on capitol hill right now. the ball is in senate majority leader harry reid's court it would seem right now, lisa. >> that's right. harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not sure what the se
. america's largest gun rights group says we don't need new laws. chip reid is in washington with that story. chip, good morning. >> reporter: good morning, jeff. the national rifle association was silent in the days following the tragedy in newtown. now it's speaking out and reigniteing an explosive debate over gun control. the nra says it will not budge from its longtime opposition to gun control, insisting the only thing that will stop school shootings is armed guards. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. i think the american people think it's crazy not to do it. it's the one thing that would keep people safe and the nra is going to try to do that. >> reporter: nra president david kean added that banning particular guns simply doesn't work. >> we had a so-called assault weapons ban for ten years. it was allowed to expire. the fbi, the justice department and others who studied it said it made no difference. so if we're looking at things that are effective, let's talk abo
the president and congressional leaders met at the white house for more talks. >> i will urge senator reid to bring to the floor a basic package. this will protect the middle class from a high tax hike. >> senate leaders are trying to work for a solution. >> we will work to see if we can do this within the next 24 hours. i am very hopeful and optimistic. >> i will do all i can, but everyone, whatever we come up with some people will not like it, and some people will like it less. >> senate majority leader's stated if they did not want to meet on saturday. house speaker john boehner stated that he would not bring anything to the house until it has been passed by the senate. >> nearly every american will see their taxes go up and all of the unemployment benefits will expire. >> people sit down and discuss things and they try to come up with a solution. if they are disappearinthere ars then they sit down and work on those disagreements. we need to sit down and work on this. >> the time now is 8:06 a.m.. we will be right back. >> the red cross says said it responded to 113 large- scale disaste
in days. >> washington remains in the same fiscal cliff clitalks. >> reporter: senator leader harry reid and john boehner are both frosty saying it's in the other guy's court saying to avert the largest tax hike in history and reid saying it's time for house republicans to put middle class families first. >> if we go past no deal, the markets are likely to decline in a significant way and involve most americans and they don't want to have themselves blamed for that. >> reporter: already stocks have dropped three days in a row over fiscal cliff fears. from wall street to main street, it is building. >> both parties to are to blame if they don't come up with something. >> we are really in what amounts to a fiscally irresponsible position trying to please everyone and please no one at all. >> reporter: even starbucks tries to hand out advice writing "come together" on every cup. >> reporter: washington could use a warm cup of coffee on a morning like this. complica complicating conversations going forward. treasury secretary, timothy geithner says on the 31st, the u.s. will hit the credit c
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